Trucking Business News

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Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Business

Patriot Transportation Reports 3Q Profit

Tank and bulk carrier Patriot Transportation Holding said Wednesday it posted a profit in its fiscal third quarter, turning around a loss from a year ago.

August 4, 2010
Business

Clarke’s Second-Quarter Income Drops

Canadian holding company Clarke Inc. said it earned C$2.8 million, or 11 cents per unit, in the second quarter, down from C$16.8 million, or 42 cents, a year ago.

August 4, 2010
BusinessEquipment

ISM Services Index Increases in July

The U.S. economy’s service sector expanded at a faster pace in July, the Institute for Supply Management said Wednesday.

August 4, 2010
Business

U.S. Auto Sales Rise in July

Most automakers posted higher U.S. sales in July, despite lingering consumer concerns over the economy, the Associated Press reported.

August 4, 2010
BusinessGovernmentSafety

Opinion: Don’t Lose Sleep Over CSA

I have been following with interest the published articles covering the Federal Motor Carrier Safety Administration’s new CSA program. The articles include a front-page story in the June 28 edition of this newspaper headlined “CSA Training Could Affect O-Os, Some Industry Officials Worry.â€

August 4, 2010
BusinessEquipment

Accuride Reports Second-Quarter Profit

Commercial vehicle component manufacturer Accuride Corp. said it earned $6.5 million in the second quarter, compared with a loss of $36.1 million a year ago.

August 4, 2010
BusinessEquipment

Wabash National’s 2Q Loss Narrows

Trailer manufacturer Wabash National Corp.’s second-quarter loss narrowed to $5.6 million or 72 cents per share, from a loss of $17.9 million, or 59 cents, a year ago.

August 3, 2010
BusinessLogistics

Deutsche Post’s 2Q Profit Improves

Deutsche Post, the Germany-based parent company of DHL USA, said Tuesday its second-quarter quarter results improved as it boosted its earnings forecast, Bloomberg reported.

August 3, 2010
GovernmentBusinessLogistics

SoCal Port Plan Awaits Judge’s Decision

The introduction of a new bill aimed at giving ports more authority to enact environmental regulations is expanding the battle over the Port of Los Angeles’ controversial employee-only clean trucks plan from the courts to Congress.

August 3, 2010
GovernmentBusinessEquipmentAutonomous

N.J.-Pa. Bridge Upgrade Plan May Include Tolls

One of the last toll-free bridges across the Delaware River would charge truck tolls of $4 an axle under a plan to seek private investors to rebuild and operate the Interstate 95 Bridge that connects Pennsylvania and New Jersey.

August 3, 2010